Sand was Mammoth Energy Services’s largest segment in fiscal 2025, bringing in $16.55M of $44.29M (37%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Infrastructure | $111.45M | $110.54M | $1.48M | $4.09M | |||||||
| Pressure Pumping | — | — | — | — | |||||||
| Well Completion | $166.24M | $127.37M | — | — | |||||||
| All Other | — | — | — | — | |||||||
| Corporate & Eliminations | $38.13M | $34.95M | — | — | |||||||
| Other Energy Services | — | — | — | — | |||||||
| Sand | $51.39M | $39.13M | $19.06M | $16.55M | |||||||
| Well Services | — | — | — | — | |||||||
| Accommodations | — | — | $10.85M | $8.95M | |||||||
| Rentals | — | — | $7.11M | $11.10M | |||||||
| Other | — | — | $3.95M | — | |||||||
| Drilling | — | — | $3.56M | $3.68M | |||||||
| Intersegment Eliminations | — | — | — | -$73.00K | |||||||
| Eliminations | — | — | -$398.00K | — | |||||||
| Consolidation, Eliminations | -$5.13M | -$2.49M | — | — | |||||||
| Intercompany Elimination | — | — | — | — | |||||||
| Total | $362.09M | $309.49M | $45.60M | $44.29M |
Mammoth Energy Services brought in $44.29M from its six segments in fiscal 2025, the year ended December 31, 2025. Mammoth Energy Services regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $45.60M. Sand was the largest at $16.55M (37.4%), ahead of Rentals at $11.10M (25.1%) and Accommodations at $8.95M (20.2%). The other two segments brought in $7.76M combined.
Compared with fiscal 2024, Infrastructure grew fastest, up 176.8% to $4.09M, while Accommodations fell the most, down 17.5% to $8.95M.
Mammoth Energy Services began breaking out Accommodations in fiscal 2024, Rentals in fiscal 2024 and Intersegment Eliminations in fiscal 2025. Mammoth Energy Services stopped reporting Well Completion ($127.37M in fiscal 2023), Corporate & Eliminations ($34.95M in fiscal 2023) and Other ($3.95M in fiscal 2024) as separate segments. The total is net of Intersegment Eliminations, which took $73.00K off revenue in fiscal 2025.
United States was Mammoth Energy Services’s largest region in fiscal 2025, bringing in $27.51M of $44.29M (62%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Puerto Rico | — | — | — | — | |||||||
| United States | $343.31M | $287.47M | $23.55M | $27.51M | |||||||
| Canada | $18.60M | $21.75M | $22.03M | $16.71M | |||||||
| Other | $176.00K | $279.00K | $16.00K | $76.00K | |||||||
| Total | $362.09M | $309.49M | $45.60M | $44.29M |
Mammoth Energy Services brought in $44.29M from its three regions in fiscal 2025, the year ended December 31, 2025. That was down 2.9% from $45.60M in fiscal 2024. United States was the largest at $27.51M (62.1%), ahead of Canada at $16.71M (37.7%) and Other at $76.00K (0.2%).
Compared with fiscal 2024, United States grew 16.8% to $27.51M, while Canada fell 24.2% to $16.71M. From fiscal 2022 to 2025, combined revenue from these regions fell from $362.09M to $44.29M, a compound annual decline of 50.4%. United States' share of the total fell from 94.8% to 62.1%.
Service was Mammoth Energy Services’s largest product and service line in fiscal 2025, bringing in $27.79M of $44.34M (63%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Product & Service Including Related Party | — | — | — | — | |||
| Service | $313.10M | $270.21M | $26.54M | $27.79M | |||
| Product | $48.99M | $39.29M | $19.06M | $16.55M | |||
| Total | $362.09M | $309.49M | $45.60M | $44.34M |
Mammoth Energy Services brought in $44.34M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 2.8% from $45.60M in fiscal 2024. Service was the largest at $27.79M (62.7%), ahead of Product at $16.55M (37.3%).
Compared with fiscal 2024, Service grew 4.7% to $27.79M, while Product fell 13.1% to $16.55M. From fiscal 2022 to 2025, combined revenue from these lines fell from $362.09M to $44.34M, a compound annual decline of 50.3%. Service's share of the total fell from 86.5% to 62.7%.
Mammoth Energy Services (TUSK) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Sand was its largest segment, bringing in $16.55M (37.4% of the total), followed by Rentals at $11.10M (25.1%).
Sand was Mammoth Energy Services' largest segment in fiscal 2025, bringing in $16.55M, or 37.4% of the $44.29M total across its six segments.
United States was Mammoth Energy Services' largest region in fiscal 2025, bringing in $27.51M, or 62.1% of the $44.29M total across its three regions.
Service was Mammoth Energy Services' largest product and service line in fiscal 2025, bringing in $27.79M, or 62.7% of the $44.34M total across its two product and service lines.
United States grew faster than Canada in fiscal 2025, up 16.8% from $23.55M to $27.51M. Canada fell 24.2% to $16.71M.
Every figure comes from Mammoth Energy Services' annual financial filings, as reported. Each line keeps the name Mammoth Energy Services gives it, and years follow its fiscal calendar.
Mammoth Energy Services' revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.